Crude-oil futures haven’t been this overbought since 1990. That doesn’t mean the rally is over.
March 6, 2026 at 08:45 PM
By MarketWatch
A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as the Wall Street saying goes, overbought doesn’t mean over.
💡Analysis & Context
A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as the Wall Street saying goes, overbought doesn’t mea A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as the Wall Street saying goes, overbought doesn’t mea Monitor developments in Crude-oil for further updates.
📋 Quick Summary
A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as t
A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as the Wall Street saying goes, overbought doesn’t mean over.
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